Fidelity National Financial reported a strong first quarter in 2022, with total revenue increasing by 2% to $3.2 billion. The Title business was boosted by commercial market demand and home price appreciation, while F&G delivered strong sales, driving growth in assets under management and profitability.
Total revenue increased by 2% year-over-year to $3.2 billion.
Title segment revenue remained stable at $2.4 billion.
F&G total sales increased by 57% year-over-year to $2.6 billion.
FNF repurchased 2.75 million shares for $134 million and paid dividends of $124 million.
FNF expects to create shareholder value through continued investment in their business, returning capital to shareholders, and evaluating strategically aligned acquisitions.
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